March 22, 2018 / 1:54 PM / a month ago

BRIEF-TK Development FY EBIT Swings To Loss Of DKK 339.4 Million

March 22 (Reuters) - TK DEVELOPMENT A/S:

* FY NET SALES DKK 785.9 ‍​ MILLION VERSUS DKK 401.5 MILLION YEAR AGO

* FY EBIT LOSS DKK 339.4 MILLION VERSUS PROFIT DKK 51.8 MILLION YEAR AGO

* FOR FY 2018/19 EXPECTS PROFIT BEFORE TAX IN RANGE OF DKK 80-90 MLN‍​

* PROPOSES NO DIVIDEND FOR FY 2017/18 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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